The Birthplace of Economic Theory: A Trip to Salamanca, Spain
Supporters Summit 2009 and Awarding of Schlarbaum Prize for Lifetime Achievement in Liberty
One of the great discoveries of the 20th century concerns the origins of economic science in the late middle ages in Spain and Italy. Long before Adam Smith wrote, many scholastics from the 14th through the 17th centuries were writing systematic economic theory.
No spot on the planet was as fruitful as the School of Salamanca in Spain. Here was the world center of economic research. The writings by the intellectuals gathered here explained price, value, money and its function, saving, entrepreneurship, inflation, contract and exchange, and so much more - and they closely engaged the modern world that was being born at that time, providing at theory and a rationale for the rise of prosperity.
As Murray Rothbard demonstrated in his tremendous treatise on the history of thought, these thinkers were the predecessors to modern Austrian School theory.
What's more, the late scholastics of the School of Salamanca agreed on the damage that government intervention did in the course of economic affairs. They saw the blessings of liberty as an extension of the blessings of God. Therefore, there is a sense in which Salamanca is also the origin of modern libertarian theory.
For the first time, the Mises Institute will return to the origins of our intellectual project, with a conference co-sponsored by the Juan de Mariana Institute in celebration of the 400th anniversary of the publication of one of the great books of the period, Juan de Mariana's treatise on The Alteration of Money. The Mariana Institute was founded by former Mises Fellow, Gabriel Calzada.
Mariana was Murray Rothbard's favorite scholastic author and the conference will look at the history of money and the current economic crisis. In addition to being the Birthplace of Economics, Salamanca is also a World Heritage Site and a European Capital of Culture.
Toby Baxendale "An Entrepreneur's Tale: The Meltdown of 2008"
Walter Block "Defending the Undefendable: Gold and 100% Banking"
Gabriel Calzada "What Bernanke Should Learn from Mariana"
Thomas DiLorenzo "The Real Reason for Central Banking: Government for the Privileged Few"
Douglas French "ECO-742, The Education of a Banker"
Hans-Hermann Hoppe "Money, the State, and International Politics"
Guido Hulsmann "The Timeliness of Adam Smith"
Peter Klein "Why Intellectual History Matters: The Case of Keynes"
Llewellyn H. Rockwell, Jr. "The Economic World of the Late Scholastics"
Father Angel Roncero "Liberalism and Capitalism at the School of Salamanca"
Joseph Salerno "The Effects of Inflation on Morality and Society"
Jesus Huerta de Soto "The Roots and Essence of Austrian Economics"
Jeffrey Tucker "Technology and Economic Education"
Register by calling Kristy Holmes or Pat Barnett at 800-636-4737 or 334-321-2101. Attendance is limited, so register early.
We depart Madrid airport 11:00 a.m. and 2:00 p.m. on Wednesday, October 21 by coach with refreshments and guided tour of the beautiful countryside enroute to historic Salamanca. Wednesday evening you will be welcomed at a gala reception at the luxurious Palacio de San Esteban, which is located within the walls of the cloister where the School of Salamanca began.
We will have sessions the mornings of Thursday, Friday and Saturday in the exquisite chapel at the Convent of San Esteban where the Scholastics met, with walking tours of Salamanca and surrounding area in the afternoons, visiting historic cathedrals, universities, museums, and marketplaces. On Saturday, we close with a gala reception and dinner in Salamanca at the glorious Archbishop Fonseca College where the Schlarbaum Prize for Lifetime Achievement in Liberty will be awarded to Professor Jesus Huerta de Soto.
You may depart Salamanca on Sunday, October 25 at 6:00 a.m. or 1:00 p.m. for the two-hour trip to Madrid airport, or you may participate in optional tours during the day on Sunday, Monday, and Tuesday and fly out of Madrid on Monday, Tuesday, or Wednesday.
Opening reception, sessions with continental breakfast and refreshment breaks, and Salamanca tours: $325 per person for Mises Institute Members, $455 for non-Members (call 800-636-4737 with questions on your Membership status, or become a Member today).
Optional closing reception and dinner at Archbishop Fonseca College on Saturday: $125 per person for Mises Institute Members, $210 for non-Members
Optional Tours after the conference. You may sign up for any or all of the tours. At the end of each day, we will travel by coach to the Alicia Hotel in Madrid. We can reserve your room at the Alicia at a rate of 100 Euros for a single or 110 Euros per double, including breakfast. (Approx. $140-$155) Space is limited.
Sunday, October 25 Optional full day tour of Segovia and Avila, two cities given the title "Heritage of Mankind" where we will visit one of the oldest cities in Spain, birthplace of Catholic Mysticism and a Roman city which is home to the most spectacular castle in Spain. Registration fee: $150 per person including tours, lunch, and transportation.
Monday, October 26 Optional full day tour of Alcalá de Henares, the first planned university town in the world, where we will visit the other great Late Scholastic university where Mariana and other Scholastics lectured, as well as the home and museum of Cervantes. Registration fee: $110 per person including tours, lunch, and transportation.
Tuesday, October 27 Optional full day tour of Toledo where we will visit the City of Three Cultures, a World Heritage Site and Spain's religious capital where Christians, Muslims, and Jews once lived together peacefully. We will visit rich artistic and architectural wonders from all periods of Spanish history. Registration fee: $150 per person including tours, lunch, and transportation.